The value of a stock share in a new technology company has been increasing at a rate of 8.6% quarterly. The initial price of one
2 answers:
Answer:
The equation is :
Step-by-step explanation:
The given rate of interest = 8.6% or 0.086
The initial price of one share was $102.15. An investor plans to sell once the value of one share reaches $233.10.
No, if 't' is the number of quarters since the initial price of one share was set, then the equation that could be used to determine how long it will take the share to reach $233.10 is :
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Answer:
25
Step-by-step explanation:
From the given information;
Numbers of posters that can be printed in an hour = no of impression/hour × no of plate utilized in each impression.
= 1000x
Thus, the required number of hours it will take can be computed as:
cost per hour = 125
If each plate costs $20 to make, then the total number of plate will equal to 40x
∴
The total cost can be computed as:
At C'(x) = 0
x = 25
where; x = 25
C''(x) = 1.6
Thus, at x = 25, C'' > 0
As such, to minimize the cost, the printer needs to make 25 metal plates.